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How good are the placements in IIM Ranchi?
During the MBA placements season at IIM Ranchi in 2022, the highest and average packages offered were INR 42 LPA and INR 16.62 LPA, respectively. A total of 77 companies visited the campus for recruitment, with 21 specifically visiting for MBA HR placements. The highest and average packages offered during MBA HR placements were INR 32.21 LPA and INR 15.63 LPA, respectively.
Top recruiters included Amazon, Ernst & Young, JP Morgan Chase & Co, Thomson Reuters, KPMG, IBM, Deloitte, Flipkart, PeopleStrong, Sony Pictures, Samsung, Aditya Birla Group, L&T, GAIL, ONGC, Michael Page, Cadila Pharmaceuticals. The top sectors for recruitment were finance, operations, strategy and consulting, IT analytics, sales, and marketing.
Is MBA in HRM a good option in terms of academics and placements from the new IIMS? I have heard that only IIM Ranchi is good for HRM.
Many of the old and new IIMs do not place as much emphasis on HR jobs or electives as XLRI and TISS. If you took a few HR electives and graduated from an old IIM, you may still be able to secure a decent HR job. However, attending XLRI or TISS would likely be a more practical choice for someone interested in a career in HR. New IIMs, including IIM Ranchi and IIM Indore, which now offer PGP HRM programs, tend to have fewer top general management or consulting roles available and almost no great HR roles.
An MBA in HRM is generally considered most useful from XLRI, TISS, SCMHRD, XIMB, and MDI. If you are considering an MBA in HR from IIM Raipur, Udaipur, Sambalpur, Jammu, Nagpur, Bodh Gaya, Trichy, or Vizag, it may not be the best decision.
What is better, MDI for PGP-IM or IIM Ranchi?
Deciding which college to attend for an MBA can be a difficult decision due to the high cost of tuition and the potential impact on future career prospects. MDI PGP-IM is a specialized program, while IIM Ranchi's PGDM program is a general management program with the option to choose a specialization in the second year. This may limit the scope of the MDI program. Additionally, the PGP-IM program at MDI requires 3 years of work experience, while IIM Ranchi does not have this requirement. While MDI may have the advantage of a strong brand name and proximity to the business hub in Delhi NCR, it is important to consider how much value this adds to the PGP-IM program.
IIM Ranchi has its own set of limitations, such as a temporary campus, but the institute has a strong reputation and a history of good placements. The hostels at IIM Ranchi are also some of the best in the country, offering individual rooms rather than shared accommodations. It is worth noting that some students do transfer from MDI PGP-IM to IIM Ranchi, although it is less common for students to go in the opposite direction. Ultimately, the best college for you will depend on your individual preferences and priorities.
What are the CAT score cut odds for IIM Ranchi PGDHRM?
If you do not have work experience, you may want to reconsider applying to IIM Ranchi as there are very few freshers in the batch. Additionally, the cutoffs for admissions at the institute are unpredictable and can vary widely. Some applicants with very high percentile scores have been rejected, while others with lower scores have been accepted.
It is also worth noting that even applicants with strong work experience and percentile scores may not always be successful in receiving a call or being shortlisted. It is difficult to predict with certainty whether or not you will be accepted to the PGDHRM program.
Why should I join IIM Ranchi over other 2nd generation IIMs?
You may be considering enrolling in IIM Ranchi or IIM Tiruchirappalli as a student. These are the top two IIMs among the second-generation IIMs, with IIM Ranchi being slightly better. However, there are several factors that you should consider when deciding which institution to attend.
One important factor to consider is the faculty size and background. It is not just the number of faculty members that matters, but also their qualifications and expertise. All IIMs are generally equal in this regard.
Another factor to consider is the knowledge infrastructure, which refers to the library and other learning resources available to students. This can be an important factor, as access to these resources is essential for student success. IIM Ranchi may lag in this area compared to other IIMs.
Physical infrastructure, such as the availability of a residential campus, is also important. Many students value the college life experience and may want to attend an IIM that has its own campus. IIM Ranchi is currently operating on a temporary campus.
Specialized courses are another factor to consider. With the constantly changing needs of industry and academia, it is important to ensure that the IIM you choose offers specialized courses that align with your interests and career goals. IIM Ranchi does offer a specialized HRM course.
The teaching and learning environment, location, and placement record are also important factors to consider. IIM Ranchi has an advantage in terms of location, as it is located near XLRI in Jharkhand, and has a strong placement record.
Ultimately, it is important to carefully research and consider all of these factors before deciding which IIM to attend.
I converted both IIM Ranchi and IIM Udaipur. What are some honest opinions because both have almost comparable rankings and placement reports?
The decision of choosing a college should be taken at an individual level. You can seek advice from others but not ask them to decide for you. Try to analyze what exactly you want from your MBA program. What is it you are seeking and how to achieve it? Once you are sure about that, college does not matter much.
Honesty both the IIMs you mentioned give an edge to each other. Still if I would have to choose one, I would go for IIM Udaipur because of its recent success stories. IIM Udaipur has seen a rise in international rankings like QS and FT. Earlier these rankings included only the top IIMs A, B and C. IIM Udaipur has proven its worth by appearing on such international rankings. It is also the youngest B-school in the “world” to be featured in the FT MiM Rankings.
IIM Udaipur is heaven for a research enthusiast. Its premium research culture is the reason for its recent rise in rankings. As far as placement is concerned, both the colleges have similar statistics. The table below has drawn a comparison between the two.
|
Particulars |
IIM Udaipur |
IIM Ranchi |
|
Placement Percentage |
100% |
|
|
Batch Size |
315 |
253 |
|
Number of students participating |
315 |
253 |
|
Number of recruiters |
184 |
77 |
|
Number of students placed |
315 |
|
|
Highest CTC |
INR 35.96 LPA |
INR 32.21 LPA |
|
Average CTC |
INR 19.5 LPA |
INR 16.17 LPA |
|
Median CTC |
INR 15.6 LPA |
INR 25.16 LPA |
What should be the order of choice for new IIMs, i.e. Ranchi, Trichy, Udaipur, Kashipur, Rohtak and Raipur?
Your choice of college depends on your personal preferences and interests. One college might be suitable for you but not for others. So your question is subjective and cannot be answered directly.
Every individual ranks a college depending on his own perspective and goals.
I think the best way is to contact students or pass-outs from respective colleges, collect data and then make a decision based on your research and then your preference. You can also look up the official websites of the college to collect relevant data. Find out the parameters that matter to you the most in your choice of college. Some include placements, diversity, location, batch strength, or faculty. Do your part of the research and then choose the college that fulfills the maximum boxes in your priority list.
Is joining new IIMs (Ranchi, Trichy, Udaipur) worth it? How will be the career growth after an MBA from new ones?
The career growth offered by the new IIMs is difficult to analyze as they haven’t been established for long. One cannot infer their worth easily as its alumni are yet to establish themselves in the corporate world. It will take a few more years to determine the growth of CEO alums career-wise.
If you are concerned about the general job prospects, try going through the placement reports of these IIMs. You will get a general idea of the packages and roles offered.
To know if the new IIMs are worth going for, you need to check what you are expecting from these B Schools. If you are looking for basic learning and a small push to kickstart your career, the new IIMs will benefit you. But if you are on the lookout for high ROI, the new IIMs may or may not satisfy your expectations.
Which institute be selected for admission IIFT Delhi campus, IIM Trichy, IIM Udaipur, IIM Ranchi, MDI international Management?
If you are looking just for a brand name and high ROI, then your options are
- IIM Udaipur
- IIM Trichy
- IIM Ranchi
If you are looking for legacy, established alumni, and faculty with decades of experience within the same institute, your options are
- IIFT Delhi campus
- MDI
Now let me further elaborate on the last 2 colleges.
IIFT: This institute is a good option for people who wish to get into International business. I can any day prefer IIFT over the new IIMs.
MDI: MDI specializes in Marketing so anyone interested in this sector can go for MDI.
So it eventually depends on you and the specialization you want.
How would you rank and choose among IIM Trichy, Raipur, Ranchi and Kashipur?
- Placements: Ranchi and Trichy have remarkably similar placements. Ranchi's average package is 16.62 LPA, while Trichy's average package is 17.01 LPA.
- Campus: Trichy, hands down, for campus life. Trichy has a modern 175-acre campus with all amenities. In 2021, the institute began moving to a permanent campus on a 60-acre plot in Dhurwa.
- Locational Advantage: Both have a geographical advantage. Ranchi is near XLRI, Jsr. Trichy is conveniently located between Bangalore and Chennai. Trichy is also home to NIT Trichy, the best NIT in the country.
- Perception: Trichy's perception is rapidly expanding. It is fairly obvious from all B-school rankings. So, with the exception of marketing, you can choose IIM Trichy over IIM Ranchi for any specialization. Ranchi's marketing is effective.
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